FINANCIAL CHECKS – Vietnam - Agent Checklist (Not for use in high risk areas)
Student Name Date of Birth Agent (Agency) Name
You may be required to provide evidence of funds as outlined below. This checklist will assist you to calculate required funds. For information on the financial capacity requirement see http://www.border.gov.au/Trav/Stud/More/StudentVisa-Living-Costs-and-Evidence-of-Funds.
Instructions: Please complete this checklist and return it together with bank/agent certified financial documents to [email protected] . All documents must be certified by the Financial Institution, Bank, a Notary Public or your Education Agent. If you are providing bank statements, they must be for the last 6 months ONLY and should be a summary. No more than 10 pages will be accepted.
You can choose to provide evidence of funds in two ways. 1. 12 months of funds option 2. Annual income option
Please write YES next to which option you choose to indicate evidence of funds in the box below and provide the documentation stated in the relevant section.
Option 1 Option 2
Acceptable Financial Institutions Agribank (Vietnam Bank for Agriculture and Bao Viet Joint Stock Commercial Bank Rural Development) Ngân hàng Nông nghiệp và Phát triển Nông thôn Việt Nam BIDV (Bank for Investment and Development of Western Bank (Phuong Tay Bank) Vietnam) Ngân hàng Thương mại Cổ phần Đầu tư và Phát triển Việt Nam Vietcombank (Joint Stock Commercial Bank for Viet Nam Public Bank (PVcomBank) Foreign Trade of Vietnam. Ngân hàng Ngoại thương Việt Nam Vietinbank (Vietnam Bank for Industry and Tien Phong Joint Stock Commercial Bank (Tp Bank) Trade) Ngân hàng Công thương Việt Nam Orient Commercial Joint Stock Bank VPBank
SCU CAMPUSES Melbourne: Sydney: Perth: 297 Hay Street, 108 Lonsdale Street, Level 2, 84-86 Mary Street, www.educoglobal.com Melbourne VIC 3000 Surry Hills NSW 2010 East Perth WA 6004
Asia Commercial Bank Timo Bank Hanoi Building Joint-stock Commercial Bank Tien Phong Commercial Joint Stock Bank Maritime Commercial Joint Stock Bank Gatehouse Bank of United Kingdom Sai Gon Thuong Tin Commercial Joint-stock Bank Standard Chartered Bank Eastern Asia Commercial Joint Stock Bank ANZ Viet nam Export – Import Commercial Joint Stock Citibank Vietnam Bank Nam A Commercial Joint Stock Bank Siam Commercial Bank Saigon bank for Industry & Trade Bangkok Bank Vietnam Prosperity commercial joint-stock bank BNP Paribas Viet Nam Technological and Commercial Joint Stock Natixis Bank Military Commercial Joint Stock Bank Deutsche Bank Bac A Commercial Joint Stock Bank Mizuho Bank Vietnam International Commercial Joint Stock Bank HFC Bank Southeast Asia Commercial Joint Stock Bank The Bank of Tokyo-Mitsubishi UFJ Housing development Commercial Joint Stock Bank Commonwealth Bank of Australia Southern Commercial Joint Stock Bank HSBC Viet Capital Commercial Joint Stock Bank Public Bank Vietnam Sai Gon Joint Stock Commercial Bank Shinhan Bank Saigon-Hanoi Commercial Joint Stock Bank Industrial Bank of Korea Global Petro Commercial Joint Stock Bank Scotiabank An Binh Commercial Joint Stock Bank JP Morgan Chase Bank Nam Viet Commercial Joint Stock Bank Bank of China Kien Long Commercial Joint Stock Bank Maybank Mekong Commercial Bank Woori Bank Viet Nam thuong Tin Commercial Joint Stock Bank Bank of India OCEAN Commercial Joint Stock Bank United Overseas Bank Petrolimex Group Commercial Joint Stock Bank Mekong Development Joint Stock Commercial Bank Western Rural Commercial Joint Stock Bank LienViet Post Commercial Joint Stock Bank Great Trust Joint Stock Commercial Bank Great Asia Commercial Joint Stock Bank Viet A Commercial Joint Stock Bank KEB Hana Bank
Option 1 – 12 months of funds option
Expenses Required funds (AUD) Total funds required (Please specify) Funds required for 12 months’ tuition $31,000 Funds required for 12 months’ living expenses $21,041 Travel costs $4,000 Add for accompanying dependents Spouse or partner Please add $7,362 Please add $3,152 per child
SCU CAMPUSES Melbourne: Sydney: Perth: 297 Hay Street, 108 Lonsdale Street, Level 2, 84-86 Mary Street, www.educoglobal.com Melbourne VIC 3000 Surry Hills NSW 2010 East Perth WA 6004
Schooling costs. Please indicate total Where school aged children are included in your amount for all school student visa application, schooling costs of AUD8,000 aged dependents you per year for each child will need to be added to the are bringing with you amount of funds that is required. This amount is the to Australia. minimum required for a visa application only and you are responsible for researching schooling costs, which may vary widely between states, territories and schools in Australia. TOTAL (AUD)
Source of funds for option 1 – Choose ONE of the following sources Source 1: Certified bank statements from an approved Please select which relevant account type by bank. These MUST be from one, or a combination of no typing YES in the relevant box and the more than 2 of the following: amount in AUD provided by that account. You should select no more than 2 options. Select relevant Amount account(s) Your own bank account
Your spouse’s bank account
Your parents’ bank account
Your sibling’s bank account
Your grandparent’s bank account
Your parents-in-law’s bank account
TOTAL AMOUNT OF BANK DEPOSITS
Source 2 Loan amount Documentation of an approved loan from a recognised financial institution. Documentation MUST include: • Loan confirmation letter (Yes/No) • Evidence that the funds have been deposited/disbursed (Yes/No)
SCU CAMPUSES Melbourne: Sydney: Perth: 297 Hay Street, 108 Lonsdale Street, Level 2, 84-86 Mary Street, www.educoglobal.com Melbourne VIC 3000 Surry Hills NSW 2010 East Perth WA 6004
Option 2 – Annual income option
Evidence of funds – 12 months of funds option The annual income option requires students to provide evidence of personal annual income of at least AUD62,222. For students accompanied by family members the amount is AUD72,592. The income demonstrated must be the personal income of your spouse (who is not travelling with you) or parents. In circumstances where both of your parents are working, their combined income can be considered for this requirement. In all cases, the evidence of annual income must be provided in the form of official government documentation, such as a tax assessment.
If you choose the annual income option, you MUST provide ALL of the documents below as proof of income Pay slips for the 6 months immediately prior to your Please select which relevant payslip by application. These MUST be from ONE of the following: typing YES and amount in AUD provided by that payslip. Select relevant Amount account(s) Your own payslip
Your spouse’s payslip
Your parents’ payslip
Your sibling’s payslip
Your grandparent’s payslip
Your parents-in-law’s payslip
TOTAL AMOUNT OF PAYSLIPS
Banks statements for the past 6 months. The bank Bank statement statements MUST be provided for the person who has confirms salary as provided a payslip. per pay slip Income Tax Assessment for the most recent financial Income tax year. Income Tax Assessments MUST be provided for the assessment confirms person who has provided a payslip salary as per payslip
SCU CAMPUSES Melbourne: Sydney: Perth: 297 Hay Street, 108 Lonsdale Street, Level 2, 84-86 Mary Street, www.educoglobal.com Melbourne VIC 3000 Surry Hills NSW 2010 East Perth WA 6004
Declaration:
I ______, am an authorized signatory for
______and confirm that I have checked the financial documents indicated above and confirm that they are bona fide documents and not fraudulent. I further confirm that the above- named student has the financial capacity required by the Department of Home Affairs and is, therefore, eligible to apply for a student visa.
Signed: ______Date: ______
SCU CAMPUSES Melbourne: Sydney: Perth: 297 Hay Street, 108 Lonsdale Street, Level 2, 84-86 Mary Street, www.educoglobal.com Melbourne VIC 3000 Surry Hills NSW 2010 East Perth WA 6004